Instructions. This form must be completed when a vehicle is repossessed. All fields are required to be completed.The lienholder (dealer included) must apply for a Texas Certificate of. Title in their name with a copy of the security agreement before reselling the vehicle. This document provides essential instructions for completing the Texas Department of Motor Vehicles Repossessed Motor Vehicle Affidavit. The VTR-264 form, titled Repossessed Motor Vehicle Affidavit, is a necessary document for lienholders in Texas when a vehicle is repossessed. How do I fill this out? To fill out the form, first gather all necessary documents related to the repossession. This article explains when and why your vehicle or property can be repossessed, your rights, and how you might get the property back. Edit, sign, and share affidavit of repossession texas online.